NEGOTRADE
ActiveNEGOTRADE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.48M and a net result of €333k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 29% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77=
Solvency54▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.61 against 1.02 in 2024; short-term debt: 18.1% and cash: 6.8% of total assets), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
6.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
12 d late
2022
25 d late
2021
18 d late
2020
18 d late
2019
67 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€333k▼ 16.2%
2024 · €397k
2018: €137k
2019: €-14k
2020: €27k
2021: €-29k
2022: €148k
2023: €596k
2024: €397k
2018 → 2025
Working capital
€-361k
2024 · €31k
2018: €1.98M
2019: €1.46M
2020: €1.50M
2021: €693k
2022: €523k
2023: €979k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.67M-€1.61M▼ 3.5%€1.92M▲ 19.0%€1.52M▼ 21.0%€1.48M▼ 2.5%
Operating result€48k-€396k▲ 732%€886k▲ 124%€623k▼ 29.7%€590k▼ 5.3%
Net result€-29k-€148k€596k▲ 303%€397k▼ 33.5%€333k▼ 16.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.17M
Fixed assets
€4.59M▼ 0.4%
Current assets
€573k▼ 60.3%
Equity and liabilities €5.17M
Equity
€1.48M▼ 2.5%
Debt
€3.69M▼ 18.8%
The debt ratio falls from 75.0% to 71.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€800k▼
2024 · €868k
Cash flow
€542k▼
2024 · €642k
Solvency
28.6%▲
2024 · 25.0%
Current ratio
0.61▼
2024 · 1.02
Quick ratio
0.61▼
2024 · 1.02
Debt / equity
2.49▼
2024 · 2.99
ROE
22.5%▼
2024 · 26.2%
ROA
6.4%▼
2024 · 6.6%
Interest coverage
8.53▼
2024 · 10.83
Debt
€3.69M▼
2024 · €4.54M
Debt ≤ 1 year
€934k▼
2024 · €1.41M
Debt > 1 year
€2.73M▼
2024 · €3.10M
Income taxes
€164k▼
2024 · €185k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.06M€5.17M▼
Fixed assets21/28€4.61M€4.59M▼
Tangible fixed assets22/27€4.61M€4.59M▼
Land and buildings22€4.46M€4.41M▼
Furniture and vehicles24€133k€148k▲
Assets under construction and advance payments27€18k€36k▲
Current assets29/58€1.45M€573k▼
Amounts receivable within one year40/41€231k€53k▼
Trade receivables40€231k€6k▼
Other amounts receivable41-€47k
Current investments50/53€550k€137k▼
Cash at bank and in hand54/58€626k€353k▼
Deferred charges and accrued income490/1€40k€31k▼
Equity and liabilities
Total equity and liabilities10/49€6.06M€5.17M▼
Equity10/15€1.52M€1.48M▼
Contributions10/11€33k€33k=
Reserves13€1.48M€1.45M▼
Distributable reserves133€1.48M€1.45M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4.54M€3.69M▼
Amounts payable after more than one year17€3.10M€2.73M▼
Financial debts170/4€2.76M€2.38M▼
Other amounts payable178/9€345k€345k=
Amounts payable within one year42/48€1.41M€934k▼
Current portion of amounts payable after more than one year42€443k€463k▲
Financial debts43€6k€3k▼
Credit institutions430/8€6k€3k▼
Trade debts44€24k€6k▼
Suppliers440/4€24k€6k▼
Taxes, remuneration and social security45€176k€89k▼
Taxes450/3€176k€89k▼
Other amounts payable47/48€765k€373k▼
Accrued charges and deferred income492/3€21k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€245k€210k▼
Other operating charges640/8€32k€17k▼
Gross operating margin9900€900k€817k▼
Operating profit (loss)9901€623k€590k▼
Financial income75/76B€39k€293▼
Recurring financial income75€39k€293▼
Financial charges65/66B€80k€94k▲
Recurring financial charges65€80k€94k▲
Profit (loss) for the period before taxes9903€582k€497k▼
Income taxes67/77€185k€164k▼
Profit (loss) for the period9904€397k€333k▼
Profit (loss) for the period to be appropriated9905€397k€333k▼
Appropriation of the result
Profit (loss) to be appropriated9906€397k€333k▼
Profit (loss) brought forward from the previous period14P€0€0=
Transfer from equity791/2€800k€370k▼
Transfer to equity691/2€397k€333k▼
To other reserves6921€397k€333k▼
Profit to be distributed694/7€800k€370k▼
Return on contributions (dividend)694€800k€370k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
10-08
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-12
Financial
Highest result since 2018net €596k ▲303%
Operating result €886k, net result €596k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Back to profitnet €148k
Net result €148k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-29k ▼206%
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 2 establishment units since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Putdaellaan 91150 Sint-Pieters-WoluweGround area
2,081 m²
Building footprint
335 m²
Volume, LiDAR
4,371 m³
2 parcels, Brussels · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
NEGOTRADE BVBA
since 20032.123.219.142
Afrikastraat 92, 1060 Sint-Gillis (bij-Brussel)
since 20242.368.671.902
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0009/00E003 | Brussels | 1,932 m² | 1 · 208 m² | 13.2 m · 3 fl. |
| 21013B0356/00H002 | Brussels | 150 m² | 1 · 127 m² | 22.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
549300PJ3RLQQ11JFI43
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 23,501 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.